A bill to amend the Internal Revenue Code of 1954 to provide an additional personal exemption of $750 for certain volunteer firemen.

Provides an additional personal exemption under the Internal Revenue Code of $750 for tenured members of volunteer fire companies. Defines a "tenured member of a volunteer fire company" as an individual who has served for 180 months, prior to the beginning of the taxable year for which the exemption is claimed, as a member of one or more volunteer fire companies.